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Stock impact report

Biden administration to require advanced safety tech on all new cars and trucks [CNBC]

Comcast Corporation - Class A (CMCSA) 
Last comcast corporation - class a earnings: 4/30 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: cmcsa.com/investors
Company Research Source: CNBC
In an interview, Transportation Secretary Pete Buttigieg said the requirement is designed to reduce pedestrian deaths, which have been on the rise in the post-Covid 19 era. "So many Americans [are] losing their lives on our roadways," Buttigieg said. "We think we really have a responsibility to get this technology to be standard across the U.S. fleet." The new standards will require all cars to avoid contact at up to 62 mph and mandate that they must be able to detect pedestrians in the dark. They will also require braking at up to 45 mph when a pedestrian is detected. The Transportation Department projects the rule could save 360 lives a year and prevent 24,000 injuries. Automatic emergency braking "prevents collisions. And collisions kill people — it's that simple," Buttigieg said. In a statement, the Alliance for Automotive Innovation, an industry trade group representing auto manufacturers, said it hadn't seen the new rule, so it couldn't comment directly. It said tha Show less Read more
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